Brussels, 08/01/2008 (Agence Europe) - European Commission regulation 1569/2007/EC sets out the conditions which will allow third country accounting standards to be found to be equivalent to International Financial Reporting Standards (IFRS), compulsory for European companies listed in the EU. Having been adopted at the end of December and published in Official Journal L 340 of 22 December, the directive also establishes an equivalence mechanism.
If the financial documentation of a listed...